20

CELEBRATE AMERICA EVERYDAY!

Mountain View News Saturday, July 6, 2024

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal 
may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. DATA SOURCES: 1. corelogic.com/intelligence/homeowner-equity-insights-q3-2022/ 2. corelogic.com/press-releases/corelogic-us-home-equity-increases-again-in-q2-
2022-with-the-total-average-equity-per-homeowner-reaching-a-record-high-of-300000/ 3. cdn.nar.realtor/sites/default/files/documents/2022-home-buyers-and-sellers-generational-trends-03-23-2022.pdfHOMEOWNERSHIP 
Your Best Hedge 
Against InflationBuying a home is the most expensive and important 
financial transaction most people will ever make – and 
the strongest tool and best hedge in a portfoloio to 
fight inflation. As you build equity in your home, you 
increase your overall net worth.
A fixed-rate mortgage 
offers a predictable 
monthly payment, even 
with the changes in tax and 
insurance costs.
The interest you pay on 
your mortgage, insurance 
premiums and property 
taxes may be deductible. 
Consult your tax advisor.
You can make any changes 
and renovations you desire, 
without asking for your 
landlord’s permission.
Benefits of Owning Your HomeWhen you have a HELOC 
(home equity line of credit), 
you can tap into it for home 
improvements, renovations 
or other needs.
Homeowners in 2022:
Gained an average of$34,300 in equity in 
the third quarter.
Had an average 
of $300,000 in 
total equitySold for a median of$85,000 above the 
purchase price.
If you are interested in a more in-depth analysis of how much your home has appreciated 
since you purchased it, let me know. I will be happy to create a report for you.
Is This the Right Time To Sell? 
Call Me for a Free Consultation!
Real Estate Expert You 
Can Trust
626.695.8650 
luther@tsinoglou.comtsinoglou.comDRE #01135433Luther 
TsinoglouComing Soon | North Duarte 
3BD | 2BA | 1,750 | SQFT | Bonus Room | SFRComing Soon | Glendale 
3BD | 2BA | 1,750 SQFT | SFR1125 Tropical Avenue, PasadenaJust Sold | Single Family Residence53 South Roosevelt Avenue, PasadenaJust Sold | Four Units925 Medford Road, PasadenaJust Sold | Single Family Residence
Mountain Views News 80 W Sierra Madre Blvd. No. 327 Sierra Madre, Ca. 91024 Office: 626.355.2737 Fax: 626.609.3285 Email: editor@mtnviewsnews.com Website: www.mtnviewsnews.com